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" Indeed, on a high plane of generality there is nothing very much for
economic theory to say to the planner, except: Do not listen to those
who say you want this rather than that — agriculture, not industry;
exports, not home production; light industry, not heavy. You always want
both. [p. 113] "

Joan Robinson , Economic Philosophy


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Joan Robinson quote : Indeed, on a high plane of generality there is nothing very much for<br />economic theory to say to the planner, except: Do not listen to those<br />who say you want this rather than that — agriculture, not industry;<br />exports, not home production; light industry, not heavy. You always want<br />both. [p. 113]